Section II The Commissioners may appoint 700 Hackney Coaches in London, &c.

£50 to be paid for each Licence; Continuance of Licence.

And be it further enacted That the Co[m]missioners soe appointed shall have Power and Authority and are hereby impowered and required under theire Hands and Seales or under the Hands and Seales of the major parte of them to lycense all such persons who shall drive or keepe any Hackney-Coache or Coach-Horses within the Cityes of London and Westminster or the Suburbs of the same or within the Parishes comprized within the weekely Bills of Mortality; And that the number of all Hackney-Coaches soe to be lycensed shall not exceede Seven hundred; And for every Lycence soe to be granted for each Coache theire shall be paid to the said Co[m]missioners or some other person to be appointed by theire Majesties to receive the same for theire Majesties use the su[m]me of fifty pounds of lawfull money of England and noe more by way of Fine for such Lycense Which su[m]me of fifty pounds shall be paid by the person to be lycensed before the lycense shall be delivered to him; And the said Lycenses and every of them shall be granted to continue for and dureing the terme of one and twenty yeares from the date of each respective Lycense and noe longer and shall not afterwards be renewed or continued for any longer time neither shall any Lycense be granted in Reversion to co[m]mence after the determinac[i]on of others; And upon every of the said Lycenses there shall be reserved and made payable unto theire Majesties theire Heires and Successors the yearely rent or su[m]me of four pounds payable quarterly att the four most usual feasts of the yeare (that is to say) the Feasts of Saint Michaell the Arch-angell of the Nativity of our Lord Christ of the Annunciac[i]on of the Blessed Virgin Mary and of the Nativity of Saint John Baptist with such covenants condic[i]ons and provisoes therein to be inserted for the more effectuall payment thereof as the said Co[m]missioners in their discrec[i]on shall thinke fitt:-